https://www.taxtmi.com/news?id=575 Twelve foreign direct investment proposals recommended by the Foreign Investment Promotion Board were approved across multiple ministries for actions including capitalization of pre incorporation expenses, share transfers, conversion of operating companies into operating cum holding companies for downstream investment, induction of foreign equity, and establishment of joint ventures; several approvals are subject to sectoral conditions in policy notes. Nine proposals were recommended for deferral due to route, activity overlap or structural concerns, and one application for ex post approval of holding company activity was rejected. en-us Wed, 17 Sep 2008 22:25:11 +0530 Thu, 18 Sep 2008 09:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=575 Twelve foreign direct investment proposals recommended by the Foreign Investment Promotion Board were approved across multiple ministries for actions including capitalization of pre incorporation expenses, share transfers, conversion of operating companies into operating cum holding companies for downstream investment, induction of foreign equity, and establishment of joint ventures; several approvals are subject to sectoral conditions in policy notes. Nine proposals were recommended for deferral due to route, activity overlap or structural concerns, and one application for ex post approval of holding company activity was rejected. News - Wed, 17 Sep 2008 22:25:11 +0530 https://www.taxtmi.com/news?id=575